About

Qtum is a digital currency whose unique feature is that it can execute a smart contract as part of an unspent transaction. It’s designed for powering decentralized mobile apps as well as integrating with other blockchains. Qtum is the product of an Asian development team who are based in Singapore. The technology borrows elements from both Bitcoin and Ethereum, including the Ethereum Virtual Machine which is used to execute smart contracts. 51 million Qtum were sold in a successful crowdsale which completed in March 2017, raising $15.6 million in less than five days.

It is the Qtum Foundation who look after the project and spearhead the investment of the funds raised. The foundation is focused on developing decentralized apps that are mobile-focused. Major Chinese investors are involved with backing Qtum and a partnership has also been announced with PwC, a professional service provider who are looking to increase blockchain adoption.